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Building an Unbreakable LP–IT Bond

Building an Unbreakable LP–IT Bond

Listening to loss prevention leaders discuss their relationships with information technology (IT) departments and offer advice for strengthening them can seem a bit like eavesdropping on marriage counseling. There is admission of a “love-hate” dynamic, occasional hand-wringing over who gets final say, and counsel to “listen, don’t just talk” and   Read More


Integrating Data to Maximize LP Effectiveness

Integrating Data to Maximize LP Effectiveness

Which areas in your company have the greatest shrinkage reduction opportunities?

Is there data that loss prevention can use to help determine the root causes of shrinkage in these areas?

Are there new ways of identifying losses that can be uncovered by comparing information between different systems?

At Nordstrom, we addressed these questions   Read More


Connecting Retailers to Combat Organized Retail Theft

Connecting Retailers to Combat Organized Retail Theft

Loss prevention has traditionally focused on shortage reduction through an emphasis on internal theft, external shoplifting, and operational controls. Resources to prevent these losses have been spent on developing programs and controls to stop loss from within the company.

More recently, retailers have identified the growing threat of organized retail crime   Read More


Emerging Trends in Loss Prevention

Emerging Trends in Loss Prevention

A Short History of Loss Prevention
In the sixties, retailers called the departments that were engaged to impact loss security. Many of the practitioners in those departments fit the nomenclature of their department in demeanor, behavior, action, and results. There was little communication between the security practitioners and the senior management   Read More